*Btc update*
Yesterday we see market moving up on a news of fed meeting this news is showing a good impact on market in shorter period of time . When we go on daily time frame let's see it technically and find the levels of market.
Currently btc broken the resistance of 62200 which we are facing since last two weeks and trading above it market give wicks UpTo 65k resistance and got rejected from here also it grabs maximum liquadity of shorts at 65k area and get rejected from here
Now what's the next move
Consider some points than plan to play these levels
1 weekend is approached so low volume with less volatility in market . Market will show boring behavior there
Btc will come to 62500 area to give respect this support with successful retest we will see again 65k .
Level's of support and resistance
*Supports*
62200
60800
57500
55k
*Resistance*
65k
67400
69k
70800
Note
Every level is valid after confirmation of closing
Consider at least 4hr time frame to analyze the market
One more thing there is almost 6B$ liquadations of shorts if market give wicks to 70 to 71 k area these liquadations will be sweaped sooner or later
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